People buy two-wheelers for mainly two reasons. The first reason is that a bike or a scooter is an extremely useful vehicle and makes transportation very simple. The second reason is that owning a two-wheeler is a dream for many people. So, whether it is your passion or your requirement, you can get a lot out of your two-wheeler. However, when it comes to the insurance policy, you may be hesitant to pay the premium. But motor insurance is compulsory and you cannot ride your bike without insurance. So, make sure you buy a good policy which is economical as well as loaded with features.
Points to remember when buying two-wheeler insurance
Before you buy a two-wheeler insurance policy, keep the following in mind:
- Choose the right cover: Motor insurance is mainly available in two forms – third party cover and comprehensive cover. The former is compulsory and covers damages to a third party in case there is an accident. The latter covers the damages you receive, along with the third-party cover. It is important to understand the two types of cover and then select the one that is best suited for you. If you are planning to buy a high-end bike like Kawasaki, it’s advisable to go in for a comprehensive cover. If you have a lower-end model, a third-party cover may be sufficient.
- The cost of insurance: Next, you have to consider the cost of the insurance plan. As a first-time buyer, you will not have access to No Claim Bonus or any other discounts. This will make your plan a bit costly. So, choose a plan carefully. A good tip here is to compare the various two-wheeler insurance plans online and select the best plan at the best rate. Also remember that if you default on your premiums, your plan may lapse. This will make it illegal for you to take your bike out on the roads.
- Buying two-wheeler insurance: If you are new in the world of insurance, you may naturally feel a bit intimidated. However, with the ease and convenience available these days, buying a two-wheeler insurance plan is simpler than ever before! You can just go online and promptly buy your two-wheeler policy. Every insurance provider has a dedicated website via which you can make the purchase. You also have the option of buying it online by visiting the insurance company. Whether you decide the online or offline route, make sure you compare the plans beforehand to know what the available options are.
- Complete a driving course: It will be easier and more economical for you to find a great two-wheeler insurance plan if you have good driving skills. So, complete a driving course and practice well before you buy the two-wheeler of your choice. Not only will this make it safer for you to ride your bike, it will ease your insurance needs too. An insurance policy covers the risks associated with riding the two-wheeler. So, if you are deemed as a safe rider, the insurance provider will view you as a safer customer. This will make the insurance plan more accessible to you.
You have to buy a two-wheeler insurance policy if you buy a two-wheeler. Thankfully, there are many options available and most insurers offer perks and benefits that help you get the maximum out of their plans. Use the tips mentioned above to get the plan swiftly and smoothly. Keep the suggestions in mind when you go shopping for your insurance plan. You will surely be able to find a two-wheeler insurance plan at the best rate, along with the best features and advantages. Once that is done, you’ll be all set to take your precious two-wheeler out for a spin.